The Hamptons, a ritzy beach area in New York, has seen a big drop in luxury home sales. In 2024, the top 10 sales brought in $327 million, way down from $511 million in 2023. What's behind this slump? Experts say it might be due to high prices and not enough upgrades in these old mansions. Celebriti
Ever wondered how a basketball legend spends his billions? Magic Johnson, the LA Lakers star turned billionaire, has made a name for himself in real estate. With a career income of $110 million adjusted for inflation, he's now among the wealthiest athletes. Johnson's real estate journey began in 198
The Consumer Financial Protection Bureau (CFPB) has accused Rocket Homes, one of the U. S. 's largest mortgage lenders, and The Jason Mitchell Group of a secret kickback scheme. The CFPB claims that Rocket Homes provided real estate brokerages with rewards to encourage them to steer mortgage applica
Imagine this: two wealthy brothers, prominent in the real estate industry, using their power and wealth to lure women into dangerous situations. Oren and Tal Alexander, the brothers in question, didn't just misuse their status; they used it to commit heinous crimes. They organized events and trips,
Ever thought of living in a building designed by a famous fashion brand? That's what's happening in Miami! Dolce & Gabbana is teaming up with Elle magazine to create some seriously stylish condos. Let's start with Dolce & Gabbana's 888 Brickell project. This skyscraper will be a whopping 90 stories
Macy’s might be in a pickle, but some investors think there's gold in them thar hills – or rather, in their real estate. Activist investment firm Barington Capital and private equity firm Thor Equities have a wild idea: shut down Macy's shops and sell everything off, including their prized real esta
Barstool Sports founder Dave Portnoy has a financial arrangement with his ex-wife, Renee, that might surprise many. Despite their split seven years ago, she still has access to his $150 million fortune through a joint bank account. Portnoy explained that he trusts her implicitly and wants to share t
Rapper and entrepreneur Sean 'Diddy' Combs found himself in a tricky situation after his arrest. He initially tried to secure his release by offering a massive $50 million bail package, including his luxurious Miami mansion and his mother's home. However, the judge wasn't impressed and rejected his
HSBC is optimistic about China's economic turnaround, thanks to recent government measures. Two stocks they're eyeing for 2025 are KE Holdings and Hongfa Technology. KE Holdings, a real estate player, might see a big boost if the property market rebounds. HSBC thinks its stocks could jump by over 70
You might remember that reality TV star Larsa Pippen was looking for a new home in Miami. She finally found one and said it's perfect for her family. But here’s the twist: she’s not selling her old condo anymore. She initially wanted a bigger space for her and her ex-boyfriend, Marcus Jordan. But si
